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October Market Predictions: Still #Uptober ?
As the final quarter of the year commences, the crypto market is once again focused on "Uptober," the nickname for October's historically bullish performance, particularly for Bitcoin ($BTC ).
Historical data strongly supports this claim, showing Bitcoin has logged gains in nine of the last ten Octobers. The legend is cemented by massive surges, such as the 50% jump in 2017 and 40% in 2021. This seasonal pattern, akin to the "Santa Claus rally" in equities, is partly driven by Q4 fund rebalancing. Moreover, the term has evolved into a powerful cultu
As the final quarter of the year commences, the crypto market is once again focused on "Uptober," the nickname for October's historically bullish performance, particularly for Bitcoin ($BTC ).
Historical data strongly supports this claim, showing Bitcoin has logged gains in nine of the last ten Octobers. The legend is cemented by massive surges, such as the 50% jump in 2017 and 40% in 2021. This seasonal pattern, akin to the "Santa Claus rally" in equities, is partly driven by Q4 fund rebalancing. Moreover, the term has evolved into a powerful cultu